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Arab Sea Information System Co (SAU:7201) Gross Profit : ﷼18.99 Mil (TTM As of Sep. 2024)


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What is Arab Sea Information System Co Gross Profit?

Arab Sea Information System Co's gross profit for the three months ended in Sep. 2024 was ﷼1.27 Mil. Arab Sea Information System Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼18.99 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arab Sea Information System Co's gross profit for the three months ended in Sep. 2024 was ﷼1.27 Mil. Arab Sea Information System Co's Revenue for the three months ended in Sep. 2024 was ﷼11.13 Mil. Therefore, Arab Sea Information System Co's Gross Margin % for the quarter that ended in Sep. 2024 was 11.38%.

Arab Sea Information System Co had a gross margin of 11.38% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Arab Sea Information System Co was 65.28%. The lowest was 22.00%. And the median was 54.09%.

Warning Sign:

Arab Sea Information System Co gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


Arab Sea Information System Co Gross Profit Historical Data

The historical data trend for Arab Sea Information System Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Arab Sea Information System Co Gross Profit Chart

Arab Sea Information System Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 22.41 5.31 37.51 19.47 20.68

Arab Sea Information System Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 17.57 0.10 0.05 1.27

Competitive Comparison of Arab Sea Information System Co's Gross Profit

For the Software - Application subindustry, Arab Sea Information System Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arab Sea Information System Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Arab Sea Information System Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Arab Sea Information System Co's Gross Profit falls into.


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Arab Sea Information System Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Arab Sea Information System Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=41.17 - 20.486
=20.68

Arab Sea Information System Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=11.132 - 9.865
=1.27

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼18.99 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Arab Sea Information System Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.27 / 11.132
=11.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Arab Sea Information System Co  (SAU:7201) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Arab Sea Information System Co had a gross margin of 11.38% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Arab Sea Information System Co Gross Profit Related Terms

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Arab Sea Information System Co Business Description

Traded in Other Exchanges
N/A
Address
Eastern Ring Road, Exit 14-13, P.O BOX 40268, Riyadh, SAU, 11499
Arab Sea Information System Co is a Saudi Arabia-based company that specializes in the production of software for small, medium, and large businesses and offers information systems and solutions for government institutions and IT sectors. The company's business activities are the Installation and extension of computer and communication networks, Retail sale of computers and its accessories, including (printers and their inks) and Operating systems.

Arab Sea Information System Co Headlines

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